Wednesday, February 09, 2011

At Lincoln House: The housing reset

At Lincoln House: The housing reset: "The housing bust left many things in its wake, but some of the most troubling detritus are the “zombie” and obsolete subdivisions sprawled across peripheral areas – approved and platted, some partially built but most just lots, unimproved roads and the occasional lone lamppost – all over the country but particularly prevalent in the South and Intermountain West."
This is the weblog of the Lincoln Institute of Land Policy. They have some ideas about what may happen to the zombie subdivisions.

1 comment:

Anonymous said...

Interesting. The properties were also all "planned developments" - pretty much guaranteed to be HOA-burdened property. So much for that "desirable" HOA property. What I got from the article is that people would rather do anything but buy an HOA-burdened house.